Bloomberg Technology
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Baidu Sells $1 Billion of Bonds Amid Tech Crackdown
Posted
August 19, 2021
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August 19, 2021
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1:36Now PlayingAug.18 -- Baidu Inc. sold $1 billion of bonds in a two-part sustainable deal, according to people familiar with the matter. This marks the first major global debt offering by a Chinese technology firm since Beijing escalated a crackdown on private enterprise. Stephen Engle reports on "Bloomberg Daybreak: Australia."
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